AASOC

Auditing and Assurance Standards Oversight Council

About AASOC

The Auditing and Assurance Standards Oversight Council (AASOC) is an independent, volunteer body established in 2002 to serve the public interest by overseeing and providing input into the activities of the Auditing and Assurance Standards Board (AASB).

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Observe an AASOC meeting

Did you know AASOC meetings are open to the public? Register as an observer for a front row seat!

Upcoming meetings & events

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October 24-25, 2019 AASOC Meeting – October 24-25, 2019 9:00 am to 5:00 pm (EST) 9:00 am to 12:00 pm (EST) Toronto, Ontario

Attend the upcoming AASOC meeting in person. Register as an observer now! Meetings are open to the public, however portions of a meeting may be held in-camera at the discretion of the Chair. Agenda to come.

Meeting & event summaries

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February 11-12, 2019 AASOC Meeting Minutes – February 11-12, 2019

At its public meeting in Toronto, the Council discussed the activities of the AASB and other related matters. The Council also heard an update on the activities of its Performance Review Committee and its Nominating and Governance Committee. Read the full report for more information.

February 1, 2019 AASOC Meeting Minutes – Feb 1, 2019

During a conference call, the Council discussed the AASB’s due process activities for deferring disclosure of the engagement partner name as required in CAS 700, Forming an Opinion and Reporting on Financial Statements. Read the full report for more information.

December 20, 2018 AASOC Meeting Minutes – Dec. 20, 2018

At its public meeting in Toronto, the Council discussed the activities of the AASB, the Independence Task Force, and other related matters. The Council received updates on the activities of the Nominating and Governance Committee, Performance Review Committee, and the Public Trust Committee. Read the full report for more information.

News

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June 6, 2019 News
AASOC 2018-2019 Annual Report – Keeping the public interest top of mind

This year, our key initiatives focused on continuing to improve some of our foundational oversight processes. Read more about the work we did over the past year and our oversight of the Auditing and Assurance Standards Board and the Independence task Force.

March 25, 2019 News
Appointments – AASOC and the AASB

AASOC is pleased to announce membership changes effective April 1, 2019. See the appointments page for full details.

February 8, 2019 News
AASB Updates Terms of Reference

At its December 20, 2018 meeting, AASOC approved a revised AASB Terms of Reference and ratified the AASB’s new Statement of Operating Procedures, to align with both the AcSB and PSAB.